Given the game, the system and the timing it would suggest to be a physical copy of the emulated game, with box art, a real cartridge and everything.

The description is a little vague, so be cautious as it could just be a scam, but then, it'd be weird to go to all the trouble of making fake box art and cartridges for a system that only a serious bidder would still own.

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Then again, even if the cartridge was empty, the box and cart would still be a good purchase on the cheap, since it looks so damn good.